Diverging Bonus Rules to Create Disparity

By

Liam Vaughan And

Matt Turner

Updated Jan. 28, 2010 12:11 p.m. ET

Despite banks' moves to compensate their employees through means other than cash bonuses, diverging rules on compensation will likely create disparities among bankers depending on where they are based or who they work for.

High-earning Citigroup Inc. bankers in the U.K. could have to wait up to three years longer to cash out their bonuses than their colleagues in the U.S. and elsewhere, due to the Financial Services Authority's strict...